SOLYNAS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SOLYNAS
Largest movements
- Tangible fixed assets -€47,097
down €47,097 (-9.5%), from €494,106 to €447,009
of which Furniture and vehicles: -€30,780
- Intangible fixed assets -€7,200
no longer reported in 2025 (was €7,200)
- Trade debts +€61,851
up €61,851 (+376.4%), from €16,434 to €78,284
- Profit (loss) carried forward -€44,892
down €44,892 (-310.9%), from -€14,438 to -€59,330
- Debts after one year -€23,607
down €23,607 (-7.4%), from €318,435 to €294,828
- Other debts -€23,423
no longer reported in 2025 (was €23,423)
- Reserves -€23,209
down €23,209 (-12.8%), from €181,993 to €158,784
of which Tax-exempt reserves: -€23,209
- Gross operating margin +€46,866
up €46,866 (+79.6%), from -€58,897 to -€12,031
- Other operating charges +€19,788
up €19,788 (+2045.2%), from €968 to €20,755
- Depreciation -€9,003
down €9,003 (-21.0%), from €42,944 to €33,942
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €623,093 | €568,260 | -€54,833 | -8.8% |
| Fixed assets | 21/28 | €561,806 | €507,509 | -€54,297 | -9.7% |
| Intangible fixed assets | 21 | €7,200 | - | -€7,200 | |
| Tangible fixed assets | 22/27 | €494,106 | €447,009 | -€47,097 | -9.5% |
| Land and buildings | 22 | €430,367 | €417,805 | -€12,562 | -2.9% |
| Plant, machinery and equipment | 23 | €17,895 | €14,140 | -€3,755 | -21.0% |
| Furniture and vehicles | 24 | €45,844 | €15,064 | -€30,780 | -67.1% |
| Financial fixed assets | 28 | €60,500 | €60,500 | = | 0.0% |
| Current assets | 29/58 | €61,287 | €60,751 | -€536 | -0.9% |
| Amounts receivable within one year | 40/41 | €32,179 | €33,367 | +€1,188 | +3.7% |
| Trade receivables | 40 | - | €14,325 | +€14,325 | |
| Other amounts receivable | 41 | €32,179 | €19,043 | -€13,137 | -40.8% |
| Cash at bank and in hand | 54/58 | €28,616 | €25,583 | -€3,032 | -10.6% |
| Deferred charges and accrued income | 490/1 | €491 | €1,800 | +€1,309 | +266.3% |
| Total equity and liabilities | 10/49 | €623,093 | €568,260 | -€54,833 | -8.8% |
| Equity | 10/15 | €197,555 | €129,454 | -€68,101 | -34.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €181,993 | €158,784 | -€23,209 | -12.8% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €141,425 | €118,217 | -€23,209 | -16.4% |
| Distributable reserves | 133 | €37,567 | €37,567 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,438 | -€59,330 | -€44,892 | -310.9% |
| Provisions and deferred taxes | 16 | €35,356 | €29,554 | -€5,802 | -16.4% |
| Deferred taxes | 168 | €35,356 | €29,554 | -€5,802 | -16.4% |
| Amounts payable | 17/49 | €390,181 | €409,251 | +€19,070 | +4.9% |
| Amounts payable after more than one year | 17 | €318,435 | €294,828 | -€23,607 | -7.4% |
| Financial debts | 170/4 | €318,435 | €294,828 | -€23,607 | -7.4% |
| Amounts payable within one year | 42/48 | €71,746 | €114,424 | +€42,677 | +59.5% |
| Current portion of amounts payable after more than one year | 42 | €23,182 | €23,607 | +€425 | +1.8% |
| Trade debts | 44 | €16,434 | €78,284 | +€61,851 | +376.4% |
| Suppliers | 440/4 | €16,434 | €78,284 | +€61,851 | +376.4% |
| Advances received on contracts in progress | 46 | €8,709 | €12,532 | +€3,824 | +43.9% |
| Other amounts payable | 47/48 | €23,423 | - | -€23,423 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,944 | €33,942 | -€9,003 | -21.0% |
| Other operating charges | 640/8 | €968 | €20,755 | +€19,788 | +2045.2% |
| Gross operating margin | 9900 | -€58,897 | -€12,031 | +€46,866 | +79.6% |
| Operating profit (loss) | 9901 | -€102,809 | -€66,728 | +€36,081 | +35.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,514 | €6,936 | -€579 | -7.7% |
| Recurring financial charges | 65 | €7,514 | €6,936 | -€579 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€110,324 | -€73,664 | +€36,660 | +33.2% |
| Transfer from deferred taxes | 780 | €5,802 | €5,802 | = | 0.0% |
| Income taxes | 67/77 | - | €239 | +€239 | |
| Profit (loss) for the period | 9904 | -€104,522 | -€68,101 | +€36,421 | +34.8% |
| Transfer from tax-exempt reserves | 789 | €23,209 | €23,209 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,313 | -€44,892 | +€36,421 | +44.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.